Israel orders evacuations in northern Gaza as Trump calls for war to end

-
By Nidal Al-Mughrabi Reuters  The Israeli military ordered Palestinians to evacuate areas in northern Gaza on Sunday before intensified fighting against  Hamas , as U.S. President Donald Trump called for an end to the  war  amid renewed efforts to broker a ceasefire. “Make the deal in Gaza, get the hostages back,”  Trump  posted on his Truth Social platform early on Sunday. Israeli Prime Minister Benjamin Netanyahu was due to hold talks later in the day on the progress of Israel’s offensive. A senior security official said the military will tell him the campaign is close to reaching its objectives, and warn that expanding fighting to new areas in Gaza may endanger the remaining Israeli hostages. But in a statement posted on X and text messages sent to many residents, the military urged people in northern parts of the enclave to head south towards the Al-Mawasi area in Khan Younis, which Israel designated as a humanitarian area. Palestinian and U.N. offi...
Post a Comment

Shiba Inu’s Shibarium Hits New Record Amid Chaotic Market Movements

-

Shibarium, Shiba Inu’s layer-2 solution, recently reached an all-time high total value locked (TVL) of over $3.67 million. As if the current bullish sentiment around the Shiba Inu’s ecosystem isn’t enough, its layer-2 solution has now reached a milestone that could lead to a further price surge. 

According to data from DeFiLlama, the total value locked on Shibarium jumped from $1.43 million on March 22 to $3.38 million on March 23, sparking optimism about SHIB’s price.

Shibarium TVL Surges To New Milestone

Shibarium’s total value locked hitting a new high shows the network effect in action. Interestingly, data shows Shibarium’s TVL has spent most of the year below $1 million before crossing over in late February. However, the TVL stands at $3.67 at the time of writing, revealing a positive change in the ecosystem. 

The recent surge in TVL can be particularly attributed to the launch of the DAMN token on WoofSwap, which is a decentralized exchange built on the Shibarium. DAMN quickly gained attention as one of the hottest cryptocurrencies after its launch on March 18.

According to data from Shibariumscan, this frenzy led to a surge in the number of daily active users to 2,482 on the day of its launch. Similarly, WoofSwap’s TVL has grown by 8,988% in the past seven days. 

Another catalyst for the surge in TVL was the launch of KNINE tokens, a liquid staking solution on the Shibarium blockchain.

What’s Next For Shiba Inu?

Naturally, Shibarium’s recent milestones have sparked optimism about SHIB’s price as the cryptocurrency is well known to react to updates about the layer-2 network. This growth shows that Shibarium is attracting more users, which could boost SHIB’s price. 

Shibarium’s new milestone saw SHIB rallying 8.8% to $0.00002828 in less than 24 hours. This price rally highlights the close correlation between the growth of Shibarium and the SHIB price.

SHIB is trading at $0.00002806 at the time of writing. The cryptocurrency is in fact, still riding on the back of a 193% gain in the past 30 days despite being 37% down from its $0.00004456 earlier in the month. 

On-chain metrics and investor sentiment point to a continued price surge in the near future. On-chain analytics platform Santiment recently pointed out that Bitcoin, along with SHIB and other meme coins, remained the focus of traders throughout the weekend. SHIB, which naturally has a strong price correlation with Bitcoin, could reignite a surge in tandem.

According to Lucie, Shiba Inu’s marketing lead, the price of SHIB could surge by 250% before the next Bitcoin halving which is slated to occur in April.

Featured image from Pexels, chart from TradingView



from Bitcoinist.com https://ift.tt/MqWY3s6

Comments

Post a Comment

Popular posts from this blog

Israel-Hezbollah attacks continue despite international pressure for ceasefire

-
By Timour Azhari and James Mackenzie Reuters  Israel rejected global calls on Thursday for a ceasefire with the Hezbollah movement, defying its biggest ally in Washington and pressing ahead with strikes that have killed hundreds in Lebanon and heightened fears of an all-out regional war. Despite Israel’s stance, the U.S. and France sought to keep prospects alive for an  immediate 21-day  truce they proposed on Wednesday, and said negotiations continued, including on the sidelines of a United Nations meeting in New York. An Israeli warplane struck the edges of the capital Beirut, killing two people and wounding 15, including a woman in critical condition, Lebanon’s health ministry said. That took deaths overnight and on Thursday to 28 and over 600 since Monday. The strike killed the head of one of Hezbollah’s air force units, Mohammad Surur, Hezbollah said, the latest senior Hezbollah commander to be targeted in days of assassinations among the group’s top ranks. On t...
Read more

Bolivia wildfires burn record area, scorching homes and farms

-
Image
By Monica Machicao and Daniel Ramos Reuters Wildfires in Bolivia have burned through more than 10 million hectares (24.7 million acres) this year, mostly in the country’s tropical east, smashing records for its worst-ever fire season and scorching an area the size of Iceland or Cuba. The new figures released on Monday by non-governmental organization Tierra Foundation represent the equivalent of nearly 19 million American football fields. Fires in recent months have propelled Bolivia past devastating fire years in 2010 and 2019. Santa Cruz, a wealthy farming region in the country’s eastern lowlands near Brazil, has been the hardest hit, accounting for almost 7 million hectares of the total, followed by the nearby department of Beni, with 3 million hectares. “What’s happened in recent months in eastern Bolivia, and will continue to occur at least through October, is a disaster of a magnitude unprecedented in the country,” Juan Pablo Chumacero, researcher at the Tierra Foundation, to...
Read more